Pakistan Economy Archives - Page 2 of 2 - TRIBUNE POINT

Pakistan Auto Sector Profits Rise 39.2% to Rs28.4bn in June Quarter

zeenat Ali / 1 month

4 min read

LAHORE: The combined profitability of automobile companies listed on the KSE-100 index increased by 39.2% year-on-year to Rs28.4 billion during the quarter ended June 2026, supported by strong vehicle sales, new model launches and a substantial rise in auto financing, according to an Arif Habib Limited (AHL) research report. The sector’s cumulative revenue grew by […]

Gold prices in Pakistan fell on Monday, tracking a decline in international bullion prices, as expectations of further monetary tightening by the US Federal Reserve strengthened the dollar and weighed on the precious metal.

zeenat Ali / 1 month

2 min read

KARACHI: The price of gold per tola dropped Rs2,700 to Rs457,536, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. The price of 10-gram gold declined Rs2,315 to Rs392,263. The latest fall followed a Rs100 decline in the per-tola gold price on Saturday, when bullion closed at Rs460,236. In the international market, […]

The closed Pakistan Steel Mills (PSM) cumulatively caused a whopping loss of over Rs79 billion in the past three fiscal years, of which Rs57.5 billion was booked in interest expenses, as the finance ministry ignored advice to restructure the debt of the closed unit.

Muhammad Shoaib / 1 month
0
4 min read

ISLAMABAD: According to statistics provided by the Ministry of Industries, a loss of Rs24 billion was booked in the last fiscal year 2025-26 alone, despite the fact that the factory had been shut down by the government of Pakistan Muslim League-Nawaz in June 2015. Details revealed that employees were still getting salaries; there were also […]

Protests Could Cause Rs120 Billion Daily Loss, Finance Minister Warns

Muhammad Shoaib / 2 months

2 min read

According to Aurangzeb, previous internet connectivity disruptions had affected IT exports significantly. ISLAMABAD: Finance Minister Muhammad Aurangzeb has warned that protests and sit-ins could cause economic losses of around Rs120 billion per day, citing estimates prepared by the Planning Commission. Aurangzeb issued the warning in a televised recorded message on Sunday, days before the Pakistan […]

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Pakistan Auto Sector Profits Rise 39.2% to Rs28.4bn in June Quarter

Gold prices in Pakistan fell on Monday, tracking a decline in international bullion prices, as expectations of further monetary tightening by the US Federal Reserve strengthened the dollar and weighed on the precious metal.

The closed Pakistan Steel Mills (PSM) cumulatively caused a whopping loss of over Rs79 billion in the past three fiscal years, of which Rs57.5 billion was booked in interest expenses, as the finance ministry ignored advice to restructure the debt of the closed unit.

Protests Could Cause Rs120 Billion Daily Loss, Finance Minister Warns